Merchants Bancorp (NASDAQ:MBIN) reported quarterly earnings of $0.98 per share which missed the analyst consensus estimate of $1.25 by 21.6 percent. This is a 45.56 percent decrease over earnings of $1.80 per share from the same period last year. The company reported quarterly sales of $145.89 million which missed the analyst consensus estimate of $168.50 million by 13.42 percent. This is a 13.13 percent decrease over sales of $167.93 million the same period last year.
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